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0x83f4…b279

All memos sent from and to 0x83f4…b279.
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# BIP-23: Fuse Hack Actions Here is the plan first to update the NAV and resume withdrawals/deposits in the gardens: - Recoup as much collateral as possible from the fuse pool (400k) - Finalize the affected strategies. - Distribute the collateral between all the affected gardens proportionally. - Adjust the shares of people that deposited after the hack to have them recover at least 90% of their principal. - Adjust the NAV. - Reenable withdrawals As soon as the proposal reaches quorum, the team will start preparing and executing actions based on its emergency powers and the emergency of the situation. See all the details in our Discord Channel.
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# BIP-22: 🫀The Heart of Babylon - Reloaded ![preview image](https://static.tally.xyz/d6e59cfa-492f-4138-bac6-05cc5b4ba113_400x400.jpg) We are proposing a switch to a more sustainable model with just one infinite epoch. The longer you lock your BABL, the higher your rewards and your voting power. All details here: https://docs.google.com/document/d/1rRaUMW741RuHHFGqSPxb95cqYjK4nWZOTD49ft64xew/edit#heading=h.rgt6bqst4o4y
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Through this governance proposal, we want to reward @adamb (username in discord) for the development of the Idle Finance Integration with 250 BABL. https://docs.google.com/document/d/1CJb827-tRJnCHEJHoNQuMSzzOkJDovk5ph5kA6blUR4/edit#
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# BIP-19: 🛡️ Babylon Shield ![preview image](https://static.tally.xyz/7fa19b90-64b9-4f26-938d-f2653ba0e91b_400x400.jpg) ![preview image](https://static.tally.xyz/9bb2b95d-6a20-4446-8fce-0ad440fb74ec_400x400.jpg) Full Doc Here https://docs.google.com/document/d/1eQbUFkoCv8X9cA6UsmEWnOOX9PvSAqdX8WSsZ_vEn2E/edit?usp=sharing
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# BIP-16: 💰 Marketing Spend Full Description<br> [https://docs.google.com/document/d/139fAgn9O1iJDBFEPz5fsTSgXiIqV2NNgaPpygKnSzM4/edit#heading=h.9nx23hy4wk5q](<https://docs.google.com/document/d/139fAgn9O1iJDBFEPz5fsTSgXiIqV2NNgaPpygKnSzM4/edit#heading=h.9nx23hy4wk5q>)
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# BIP-14: Referral Program Full Doc below:<br> <br> [https://docs.google.com/document/d/1mzyW5N1cw3Q\_pMZcCyI1G9vAHGwLU35VlPiTwpBOys4/edit#heading=h.9nx23hy4wk5q](<https://docs.google.com/document/d/1mzyW5N1cw3Q_pMZcCyI1G9vAHGwLU35VlPiTwpBOys4/edit#heading=h.9nx23hy4wk5q>)
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# BIP-14: 🌊 Increase BABL Liquidity More Information Here: [https://docs.google.com/document/d/12dx7CtJDZBmSKnF\_07SklE1iMhj5njXmwEuAy5KFnNA/edit#heading=h.2lbbnnssblwx](<https://docs.google.com/document/d/12dx7CtJDZBmSKnF_07SklE1iMhj5njXmwEuAy5KFnNA/edit#heading=h.2lbbnnssblwx>)
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# BIP-13: Enable Transfer of garden tokens More information here: [https://docs.google.com/document/d/1iUfSgQZVCUhgas3MQZ-saYYSrnNceAv1zo-79cyYuu8/edit#](<https://docs.google.com/document/d/1iUfSgQZVCUhgas3MQZ-saYYSrnNceAv1zo-79cyYuu8/edit#>)
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# BIP-12: Verified Gardens Full Information here:<br> [https://docs.google.com/document/d/1LdbWcnyG\_GG2KzDMjAxoMXNE9VzBLFSBYJy8F-MfJ\_M/edit#heading=h.2lbbnnssblwx](<https://docs.google.com/document/d/1LdbWcnyG_GG2KzDMjAxoMXNE9VzBLFSBYJy8F-MfJ_M/edit#heading=h.2lbbnnssblwx>)
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# BIP-11: Heart Bonding Program The [previous BIP](<https://docs.google.com/document/d/1AYA7mjeOnYO6ODy2rD5HqAC75R1aa_QGFBh4Js9dvng/edit#>) introduced and approved the heart. This BIP aims to implement the bonding program so BABL holders can deposit wanted assets and receive staked BABL (hBABL) as a discount. <br> Initially, users can deposit cTokens from the Babylon Fuse Pool and uniswap BABL-ETH LP tokens and will receive a 3% and 5% discount respectively. <br> Additionally, the treasury will allocate 10k BABL to lend in the Fuse pool and use borrowings to purchase BABL from Babylon strategies offering a 1% premium from market price.<br> <br> You can read all the information here:<br> [https://docs.google.com/document/d/1f71Xcq67o4xw5oa4Lsh6uYsOTHInmUC-XZUreQKUdhU/edit](<https://docs.google.com/document/d/1f71Xcq67o4xw5oa4Lsh6uYsOTHInmUC-XZUreQKUdhU/edit>)
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# BIP-10: Heart Tokenomics Babylon Finance is introducing a 💪 **staking mechanic for BABL holders**.<br> First of all, we are using our **own Garden technology to 🐶 dogfood and create this mechanic**. As you may know, Babylon Finance lets people create and invest together through investment DAOs that we call 🌴 Gardens. Garden members create DeFi strategies and invest in DeFi together, sharing the gas costs and the returns.<br> 🫀**The Heart of Babylon** is a **garden** that will receive BABL as deposits and will give depositors hBABL. The heart will receive capital from fees and BABL from stakers and infuse them both with renewed energy.<br> 💪 🌴 hBABL is a super garden token that includes **10 + 1 different mechanics** inspired by the very best of DeFi and synthesized together to provide value to BABL holders and Babylon users alike.<br> <br> Full info here<br> [https://docs.google.com/document/d/1AYA7mjeOnYO6ODy2rD5HqAC75R1aa\_QGFBh4Js9dvng/edit#](<https://docs.google.com/document/d/1AYA7mjeOnYO6ODy2rD5HqAC75R1aa_QGFBh4Js9dvng/edit#>)
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BIP-7: Mining Adjustments We want to increase the profits weight in the mining rewards program to better align the incentives of all the participants. More info https://docs.google.com/document/d/1yMKiYWjYHD3kxFdpN5DqqKQW53e1xYCu8a1wSQ7NBJE/edit#heading=h.2lbbnnssblwx
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BIP-7: Mining Adjustments We want to increase the profits weight in the mining rewards program to better align the incentives of all the participants. More info https://docs.google.com/document/d/1yMKiYWjYHD3kxFdpN5DqqKQW53e1xYCu8a1wSQ7NBJE/edit#heading=h.2lbbnnssblwx
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# BIP-2: Babylon Foundation Establish an ownerless, non-profit organization dedicated to supporting the Babylon protocol. [Full Info](https://docs.google.com/document/d/1nrWts9gc_RyX-DEpTMQceGmwmRDDzLr-QpQ6Ugl7yB4).